A/B Paper - $200k/mo Avg. - <1 Yr in Biz (Need a Funder)
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  1. #7
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    Quote Originally Posted by kevinhenry0527 View Post
    I was not suggesting factoring. Banks are throwing around unsecured lines of credit for companies mentioned above like giving away Chiclets. This company can qualify for way better than MCA.
    Very well they could be, but to get $500k is not as simple as you can imagine with <1 year TIB. You have to go to the right banks, with the right documents, and not get rejected and have the inquiries. That's the added value that I want to give to anyone out there on this forum... To get deals like this done in an efficient manner and make money.

    In this deal, the TIB will mean they can't apply for a bank LOC, but non-bank ones, I can help co-broker ;-)
    Last edited by abfunders; 06-01-2017 at 02:45 PM.

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